Question 4. Beverly Company will pay a dividend of $2 per share next year, which...

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Question 4. Beverly Company will pay a dividend of $2 per share next year, which will continue to grow at a constant rate forever. Current stock price is $25 and the required rate of return is 12 percent. What is the constant dividend growth rate? Question 5. BFI Corporation has a preferred stock issue outstanding, which carries a par value of $100 and a fixed dividend rate of 10 percent. If the market requires a rate of return of 8 percent to hold this preferred stock, what is its market price today

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